Supreme Petrochem Ltd has informed BSE that August 05, 2008 has been fixed as the record date for allotment of equity shares of Supreme Petrochem Ltd (Transferee Company) to the equity shareholders of SPL Polymers Ltd (Transferor Company) whose names appear in the register of member of SPL Polymers Ltd on the record date.

The shares will be issued in the Ratio of 1 equity share of Rs 10/- each fully paid-up for every 6 equity shares of Rs 10/- each fully paid-up held in SPL Polymers Ltd.

This is in pursuance to the Scheme of Amalgamation of the two Companies, approved by the Hon’ble High Courts of Judicature at Bombay and Madras.